Feed Enzymes Market

Rising Acceptance as Key Growth Promoters in Feed Industry

Controversies continue to surround the usage of antibiotics as growth promoters for animals. Although antibiotics have been used conventionally at therapeutic levels to enable animals to fight microbial infections and consequently deliver improved performance and productivity, the concerns centered around their negative impact on the entire food chain prevail. The EU has already imposed a ban on the usage of antibiotics as growth promoters in the animal feed industry.

This has prompted farmers and breeders to look for alternative solutions that improve performance of their animals, while reducing environmental impact, and protecting their profit margins. Feed enzymes have a positive effect on the nutritional intake, digestibility of feed and production capacities of animals. The industry has been reflecting strong acceptance for feed enzymes since the recent past.

Market Leaders Targeting Specialized Feed Enzymes

Players in the feed enzymes market are now targeting evolving supplement demands of different animals by offering specialized feed enzymes. Key players in feed enzymes market are focusing on individual categories, including poultry, cattle, canines, or equines, and are launching feed enzymes that offer optimum results.

Additionally, manufacturers focus on increasing thermo-stability, effective delivery, and higher efficacy of feed enzymes. This would remain a strong factor stimulating feed enzyme sales in the near future.

Feed Enzymes Market Structure Analysis

• The global feed enzymes market is consolidated and is characterized as highly organized in developing and emerging economies. Key players operating in the global feed enzymes market are focusing on product launches to expand their customer base. These product launches are a result of significant investments in robust research and development facilities by feed enzyme manufacturers.
  • To maintain its position in the global feed enzymes market, BASF SE focuses on product development through research and development for enabling livestock growers to gain feed high-quality inputs. In 2016, the company invested US$ 2,206.92 Mn on its R&D facility.
• Prominent players in the feed enzymes market are also investing in strategic collaborations, mergers, acquisitions, and partnerships.
  • In 2014, DuPont signed an agreement to purchase Dyadic's C1, a fungal expression technology for producing enzymes. This transaction is anticipated to enhance the world-leading biotechnology capabilities of DuPont's industrial biosciences business.
  • In August 2017, Cargill Inc. acquired Southern States Cooperative’s animal feed business to enhance its global presence in the eastern United States.
• Key players in the global feed enzymes market are presently targeting developing regions, including the Asia Pacific and Latin America, to expand their geographical presence.
  • In 2016, BioResource International, Inc., signed an agreement with Connell Bros. Co., LLC (CBC), a Wilbur-Ellis company, for distribution and marketing of selected feed enzyme products in Thailand, Vietnam, Indonesia, and Myanmar.

Feed Enzymes Market Segmentation

Form

• Dry
• Liquid

Product

• Phytase
• Carbohydrase
• Protease

Animal

• Poultry
• Ruminants
• Swine
• Aquatic Animals
• Others (Equine & Pets)

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excl. Japan (APEJ)
• Middle East and Africa
• Japan